Ca. real estate contracts up

California Purchase Contracts up for First Time in 3 Months   Contracts for home purchases in the Golden State increased in October, the first such increase in three months the California Association of Realtors® (C.A.R.) said today.   Pending  was up 2.5 percent from...

Foreclosures drop

Foreclosure Inventory Falls to 5 year Low Lender Processing Services (LPS) said today that the national foreclosure pre-sale inventory is at its lowest level since 2008.   That is no reason to stop going after them. We are still above average. People will always have...

No IRS penalty for short sale in CA

Looks like things will be good in CA ! IRS will not penalize California families losing homes to short sale US Senator Barbara Boxer (D-CA) today released a letter she received from the Internal Revenue Service (IRS) clarifying that California families who have lost...